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Selling house quickly
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What did they mean by "taking it into account" if they also wanted it removed?!I originally accepted an offer of £320,000 from the first buyer (who was a property developer and so wanted to develop the plot),as we were unaware of the restrictive covenant. The sale fell through because of the covenant.
The Estate agent then made the second buyer aware of the restrictive covenant and we accepted an offer of £280,000 to take this into account. They then asked us to get the restrictive covenant lifted which we are unable to do. I went back to the estate agent on Friday and asked him to ask the buyer what he would be prepared to pay with the covenant in place, and I am waiting to hear about this.0 -
Reading between the lines, when I accepted the offer and they agreed they were aware of the covenant, their solicitor hadn't seen the deeds and advised them not to proceed with the covenant in place. They didn't ask us to get it removed until we were a few weeks into the process.0
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